1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Vitek1552 [10]
3 years ago
14

Mr.​ Beautiful, an organization that sells weight training​sets, has an ordering cost of ​$45 for the​ BB-1 set​ (BB-1 stands fo

r Body Beautiful Number​ 1). The carrying cost for​ BB-1 is $20 per set per year. To meet​ demand, Mr. Beautiful orders large quantities of​ BB-1 7 times a year. The stockout cost for​ BB-1 is estimated to be $45
per set. Over the past several​ years, Mr. Beautiful has observed the following demand during the lead time for​ BB-1: Demand During Lead Time Probability
Value 1 10 0.1
Value 2 30 0.2
Value 3 50 0.2
Value 4 70 0.2
Value 5 90 0.2
Value 6 110 0.1

The reorder point for​ BB-1 is 50 sets. What level of safety stock should be maintained for​BB-1?
The optimal quantity of safety stock which minimizes expected total cost is nothing ______
Business
1 answer:
andrew-mc [135]3 years ago
8 0

Answer:

839.216

Explanation:

For we to calculate the total cost, we use the following

Total Cost = Carrying Cost + Stock out Cost

= 0+ $45 x 4 x [.2(100-80)+.2(120-80)+.1(140-80)] = 1368*

Now

Total Cost = Carrying Cost + stock out Cost

Total cost= [10 x 20]+40 x 4 x [.2990-50-20)+.1(110-50-20)]

Total cost = 200-1115.216+4

Total cost = 839.216

You might be interested in
A cost that remains unchanged in total despite variations in volume of activity within a relevant range is a: Multiple Choice Fi
Vlad [161]

Answer:

The answer is Fixed cost.

Fixed cost remains constant for a given period and does other change with the eh level of production. However, the per unit fixed cost decreases when the Level of production increases and vice versa.

Also, fixed cost is difficult to.control and manage relatively to the variable.costs.

Explanation:

7 0
2 years ago
Claudia has bought a recipe book that gives her step-by-step procedures to prepare italian cuisines. this scenario illustrates t
SVEN [57.7K]

The scenario illustrates the use of algorithms. Using an algorithm is a way of having to do a procedure that features a step by step function in means of having to get the result of the data and to know how the results will be processed.

5 0
2 years ago
In 2009, the worst recession in 80 years hit the United States, generally reducing household incomes. Despite this, profits and
Lelu [443]

Answer:

These stores sell inferior goods and services.

Explanation:

An inferior good or service is a good or service whose demand decreases as the income of their consumers increases, i.e. if the consumers are earning more money, they will consume less of them.

On the other hand, when their consumers' income decreases, their demand increases.

Both McDonald's and Dollar General are business that sell cheap goods and services, so when the financial crisis decrease American households' incomes, they more people purchased their goods and services.

8 0
2 years ago
Read 2 more answers
How many employees does a walmart have at one specific location?
grigory [225]
Well from the looks of it, like 3


No thats a joke, on average Walmart has 20-50 employees on location at once
7 0
3 years ago
If the demand for product x is inelastic, a 4 percent decrease in the price of x will.
NeTakaya

A 4 percent decrease in the price will lead to an increase in the quantity demanded by less than 4 percent.

<h3>What is demand?</h3>

Demand simply means the amount of goods and services that a buyer wants to buy at a particular price and time.

When the demand for product x is inelastic, a 4 percent decrease in the price of x will lead to an increase in the quantity demanded by less than 4 percent.

Learn more about demand on:

brainly.com/question/1245771

3 0
2 years ago
Other questions:
  • A sequence of values of some variable or composite of variables taken at successive, uninterrupted time periods is called a
    6·1 answer
  • A corporation issued 80 shares of no par value common stock for $800 cash. Based on this information, the credit to the common s
    13·1 answer
  • You are on your way to meet with your manager about changing your work schedule, when you see a spill on the floor. what would y
    5·1 answer
  • What does 3 dots inside a silver ring mean??
    10·1 answer
  • Agassi Company uses a job order cost system in each of its three manufacturing departments. Manufacturing overhead is applied to
    13·1 answer
  • On July 1, Year 1, Denver Corp. purchased 3,000 shares of Eagle Co.�s 10,000 outstanding shares of common stock for $20 per shar
    14·1 answer
  • Show the total cost expression and calculate the EOQ for an item with holding cost rate 18%, unit cost $8.00, annual demand of 4
    15·1 answer
  • A(n) ___________________ is a state-chartered legal entity with authority to act and to have liability separate from its owners.
    11·1 answer
  • Do you think chefs give much thought to the nutritional value of the dishes they create? Explain
    15·2 answers
  • Which of the promotion methods is the most precise?
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!